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Thread: Spain officially in recession

  1. #1
    Join Date
    Sep 2008
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    Default Spain officially in recession

    http://www.france24.com/en/20121115-...after-protests


    Spain confirms recession a day after protests

    Protesters hold placards reading "Stop evictions" during a demonstration on November 14, in Valencia. A job-killing recession kept its grip on Spain in the third quarter of 2012, data showed Thursday, a day after a general strike and vast anti-austerity protests
    AFP - A job-killing recession kept its grip on Spain in the third quarter of 2012, data showed Thursday, a day after a general strike and vast anti-austerity protests.

    Spain's gross domestic product shrank by 0.3 percent from the previous quarter and by 1.6 percent over the year, according to definitive data from the National Statistics Institute.

  2. #2
    Join Date
    Nov 2008
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    Default

    This is surprising news to me. I thought they have been dead for 2 years.

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